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Jan 15, 2013
01/13
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economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180 calories from a can of coke can be fun. critics say the commercials minimize the issue and are just damage control. >>> apple is on fire over its stock slump. shares are down to about $500, off almost one-third since last september. the stock peaked at more than $700 when the iphone 5 was announced. sales of the phone are pretty weak, putting pressure on apple to develop a cheaper version. >>> and another darling of silicon valley is promising a big announcement today. but facebook isn't saying exactly what all this is about. most observers think it
economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180...
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Jan 17, 2013
01/13
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KGO
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. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn children. >>> and a remarkable story, now, from that helicopter crash in central london just yesterday. the helicopter clipped a construction crane, burst into flames, killing two people, injuring more than a dozen in the process. but the two crane workers survived. why? because they both overslept for the first time in years and were late getting to work. >>> and finally, something of a controversy at subway. a growing movement, now, online has people getting out their measuring tapes showing that the sandwich chain's famous foot-long sub actually falls one inch short. >> oh, no. >> 1
. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn...
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Jan 14, 2013
01/13
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KGO
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but they will not collect a ransom for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america, is not a bargaining chip. and they better choose quickly because time is running short. last time republicans in congress even flirted with this idea, our triple a credit rating was downgraded. our businesses created the f fewest jobs in any months. and the whole fiasco actually added to the deficit. so, it shouldn't be surprising given all of this talk that people think washington is hurting rather than helping the country at the moment. they see their representatives consumed with partisan brink man ship while they want us to focus on growing the economy and creating more jobs. let's finish this debate. let's give our businesses and the world the certainty that our economy and our reputation are still second to none. we pay our bills, we handle our business. and then we can move on, because america has a lot to do. we got to create more jobs, we got
but they will not collect a ransom for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america, is not a bargaining chip. and they better choose quickly because time is running short. last time republicans in congress even flirted with this idea, our triple a credit rating was downgraded. our businesses created the f fewest jobs in any months. and the whole fiasco actually added to...
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Jan 15, 2013
01/13
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CSPAN
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i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor to them. quick thank you for your comments chairman bernanke. i am a masters student. the first question is this -- if treasury minted a trillion dollar platinum coin, with the fed have except did it -- accepted it? >> i am not going to give that any oxygen. as you probably know, the treasury and federal reserve -- the treasury issued a statement that we did not think this was the right way to deal with this problem. there are legal issues and policy issues. the right way to deal with this problem, as i said earlier, is for congress to
i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor...
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Jan 21, 2013
01/13
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CNBC
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i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economics team, i was remembering the juxtaposition of great hope and expectations and the real horror of what was going on in macroeconomy. gdp contracting at 9%. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected. certainly the financial markets were reflated much more quickly and at less expense than people expected.
i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right?...
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Jan 20, 2013
01/13
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KGO
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. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins...
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Jan 21, 2013
01/13
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KGO
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can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some republicans are having a little retreat in vegas right now to get out of d.c. so hopefully the partisanship eases a little bit. >> about 100 of them have departed. >> never dull. >>> also some other news this morning, we want to wish our friend and colleague barbara walters a speedy recovery. she was hospitalized saturday after a minor fall in washington. barbara, who is now 83 years old, fell on the stairs at the british ambassador's residence and cut her forehead. she is alert and telling everyone what to do, which is a good sign. she's in the hospital for tests and for some observation. and will not be unfort
can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some...
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Jan 17, 2013
01/13
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KGO
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we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per working-age person, or there will will, than tha there have been traditionally. >> reporter: aggravating factors are declining education opportunities and a higher cost of living in california. fewer people are coming to the state, including undocumented workers. myers says the state needs all of them, including the dream act students. >> now they're going to say this. because without the immigrant kids, we would be in a deep hole. >> reporter: a worst case scenario, an eroding tax base. the government demanding more from lower income people. and the future of this baby, a potential revolt. >> this
we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per...
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Jan 18, 2013
01/13
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FOXNEWS
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses living with moderate to semeans living with pain.is it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to help relieve pain and stop further joint damage. humira can lower your abilitto fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certai
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses living with moderate to semeans living with pain.is it could also mean living with joint damage. humira,...
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Jan 19, 2013
01/13
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CSPAN
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so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007 or 2006, we see increases in production. rising house prices will affect household wealth. that is what i hope will be a better year in 2013 and 2014. a few other things that are positive, just to point out, is that state and local governments which had been very contraction remote -- great contraction ary mode, they are in better shape than they were. as a result, they will not be a drag on the academy that they have been in the last few years. -- on the economy that they have been in the last few years. energy. consumers are more
so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007...
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Jan 14, 2013
01/13
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CNBC
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is this going to impact the broad economy and the earnings season, do you think? >> i guess this whole political thing is -- these are all the bricks in the wall of worry that equity markets are continuing to climb. i think there's -- you know, we know how to talk about these things, they're out there, they're visible, they're in the media a lot. you know, we follow them i think sometimes like a sport. and so maybe we exaggerate a little bit how much the -- these political match nations -- i don't know i don't want to minimize them, but i think sometimes we miss the point there are really good companies out there who figured out how to make really good money with all this political noise going on. >> and yet, greg, so many potholes ahead. you know we're going to see a lot of back and forth over raising the debt ceiling. sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling, get your reaction to that. >> sure. >> he will not negotiate
is this going to impact the broad economy and the earnings season, do you think? >> i guess this whole political thing is -- these are all the bricks in the wall of worry that equity markets are continuing to climb. i think there's -- you know, we know how to talk about these things, they're out there, they're visible, they're in the media a lot. you know, we follow them i think sometimes like a sport. and so maybe we exaggerate a little bit how much the -- these political match nations...
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Jan 13, 2013
01/13
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MSNBCW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at the starting loon, there to catch what they thinks will be another history-making days for ron cook. he's smashed several records and rarely disappoints. >> i'm seen ron race before. he's very fast on a bike. his book is 200 miles an hour. kawasaki has a nitrous bottle on it. this thing is a market. >> mark watches as ron shoots down the path. it's only later he learns what happens next. ron moves up to fourth gear and hits the nitrous boost button. he's blasting at 175 miles per hour when his front wheel begins to wobble. ron struggles to regain control, but it's a losing battle. he makes
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
01/13
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SFGTV2
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let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the p
let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals...
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Jan 15, 2013
01/13
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MSNBCW
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economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go, fitch. go away, s&p. we know what the interest rates are. that's how people think of debt. >> what we are capable of, and are we -- >> pa what our standing should be and what our rating should be. there's no question. i don't think in the short-term we have any -- and, sadly, that gives no cover to anybody in washington on this issue. >> it does not. well, we will certainly be discussing this in the days ahead. after the break, one of the most glaring examples of what colin powell calls the gop's identity problem is its stance on immigratio
economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go,...
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Jan 21, 2013
01/13
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MSNBCW
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there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of presidents, it's often called where they will attend services. then he heads over to the c capitol for what he was talking about a moment ago. remarkably, the number is expected to be 600 or 800,000. that's roughly a third of the nearly two million who were here four years ago. his inaugural address tells nbc news earlier today, the president has finished writing those remarks just a couple days ago. jay carney said he didn't know if they were done, but he had seen a lot of yellow pads around the oval office. and finally, tomorrow night, two inaugural balls compared to the ten that they celebrated with ju
there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of...
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Jan 14, 2013
01/13
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i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be strong. he's got the people with him. that's the other thing. i think it's important that we focus on that. >> certainly political capital spent from getting re-elected to a second term. gregory, i want to show everybody the letter that ed mentioned that was sent to president obama on friday. in part saying, we believe you must be willing to take any lawful steps to ensure that america does not blake its promises and trigger a global economic crisis. without congressional approval, if necessary. basically recommending the 14th amendment. >> i think two important points here.
i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be...
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Jan 18, 2013
01/13
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MSNBC
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number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal with spending, for instance. do they sort of wait him out and hope for a positive result in 2014 and use whatever leverage over the del ceiling or whatever else but the public finds it so distasteful. the president too on issues like entitlement, i think it's really striking, will he seek to rise above how difficult it is that he doesn't feel he's got a negotiating partner to try to get something done on entitlements? if he wants robust economic growth he'll have to. we will have a debate over guns and the debt between ted cruz, fresh face, tea party face
number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal...
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Jan 17, 2013
01/13
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CNBC
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 21, 2013
01/13
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KGO
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the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to support the president's agenda for a second term. >> we have hundreds of thousands of neighborhood team members and leaders in every state of the union. we're going to work across party lines to get some things done. >> reporter: four years ago, the president promised to rise above partisan politics. >> on this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and wornout dogmas that strangle our policies. >> reporter: it was a promise unfulfilled, as washington became more divided. this time around, he's going to try to directly appea
the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to...
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Jan 14, 2013
01/13
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FOXNEWSW
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economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they say they won't support raising the debt limit and there a battle line. the debt ceiling is the maximum amount of money that the united states can borrow. the law requires congress to control and authorize any money needed to pay for federal programs. debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on
economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they...
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Jan 17, 2013
01/13
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MSNBCW
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 15, 2013
01/13
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economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may start coming home this spring. then will's health care. promise then senator obama made when he first announced his candidacy nearly six years ago. >> let's be the generation that says right here, right now, we will have universal health care in by the end of the next president's first term. we can do that. >> well, it took more than a year and arguably more political capital than any other issue but the president got health care reform through congress and he signed it into law in march of 2010. law's implementation is still a question mark and more legal c
economy has posted job increases every month since late 2010. although this recovery is still very slow. president's promise to bring a responsible end to the war in iraq was the centerpiece of the 2008 campaign and the issue he used to draw clear distinctions with john mccain as president he kept that promise. he pulled the last combat troops out of iraq in december of 2011. he's also made strides towards ending the u.s. role in afghanistan and that's not over yet. indicated that troops may...
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Jan 14, 2013
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the president warns against the prospect of what he called republicans holding the economy hostage. over the debt ceiling. it was the primary focus of the last news conference of his first term. we have fox team coverage. seep your political analyst brit hume will have analysis of that event. correspondent shannon bream tells us about another big topic today. gun control. we begin with white house correspondent wendell goler on the partisan tone over the debt. good evening, wendell. >> good evening. >> bret: the party that doesn't control the white house is rarely happy about raising the debt ceiling. >> reporter: recent years a genuine threat not to do so. >> raising the nation's debt ceiling, the president told reporters is a necessity caused by spending in the past. not something to trade with congress for spending cuts in the future. >> they can act responsibility, and pay america's bills. or act irresponsibly and put america through economic crisis. >> treasury secretary geithner says accounting maneuvers let us hold out till march and obama suggested he is prepared to hold out
the president warns against the prospect of what he called republicans holding the economy hostage. over the debt ceiling. it was the primary focus of the last news conference of his first term. we have fox team coverage. seep your political analyst brit hume will have analysis of that event. correspondent shannon bream tells us about another big topic today. gun control. we begin with white house correspondent wendell goler on the partisan tone over the debt. good evening, wendell. >>...
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Jan 18, 2013
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i wouldn't put any jeopardizing, any of the economy there. it shows it is a very rational, put us on a better pathism would think all the american public could support it and the senate as well. >> a long tradition here of congress acting to raise the debt ceiling. the power they brought, they have given themselves to do. the point is without drama and delay. monthly extension is drama. so what, you know, congress should simply do its job. not going to negotiate over extenting the debt ceiling. >> bret: well, this is what republicans have come up with. out of the meeting in williamsburg, virginia, they have come up with this on their plan. a three-month debt ceiling increase. debt limit increase contingent on the senate passing a budget. which they haven't done in quite some time. and no spending cuts except congressional members pay without budget. basically, congressional members can't get paid without spending cuts. let's bring in the panel. we talk about all of this. steve hayes for "weekly standard." charles lane, opinion writer for "was
i wouldn't put any jeopardizing, any of the economy there. it shows it is a very rational, put us on a better pathism would think all the american public could support it and the senate as well. >> a long tradition here of congress acting to raise the debt ceiling. the power they brought, they have given themselves to do. the point is without drama and delay. monthly extension is drama. so what, you know, congress should simply do its job. not going to negotiate over extenting the debt...
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Jan 19, 2013
01/13
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>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already frangie recovery is irresponsible. and to suggest that we're not going to pay our bills or tie the debt that we have to pay to anything that the republicans want to extract out of president obama is irresponsible. >> yeah. the republican that i look to right now is john cornyn. what a reversal. this guy writes an op-ed in the hometown newspaper in houston and turns around and tells the editorial board something totally different. what does that say about their leadership? >> it says they are all over the map. it says they are basically a rudderless ship and it says that they really do
>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already...
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Jan 18, 2013
01/13
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economy hostage because republicans want what they call drastic spending cuts in programs like medicare. and so whether this distracts from the inaugural or not, it's at least something the without first said was a negative and notice claims might actually bea positive. i'm steve handelsman, news4. >>> thanks, steve. starting tomorrow metro will begin selling special passes. the transit agency is untiling to use smarttrip cards. the commemorative passes will go on sale tomorrow at metro center and stations. the passes are good all day, but passengers can load more money onto them. coming up on "news4 at 5," adam tuss will have details on everything you need to know to get around on inauguration day. >>> news4 will cover every aspect. we'll be reporting live from the parade and swearing in. the coverage starts monday at 4:00 a.m. and continues all day. >>> taking a live look outside, sunshine is here, but so is the arctic air. >> it's cold out there. how cold about it be for the weekend? veronica johnson has details. how about that? >> not too bad for the weekend. the actual temperatures
economy hostage because republicans want what they call drastic spending cuts in programs like medicare. and so whether this distracts from the inaugural or not, it's at least something the without first said was a negative and notice claims might actually bea positive. i'm steve handelsman, news4. >>> thanks, steve. starting tomorrow metro will begin selling special passes. the transit agency is untiling to use smarttrip cards. the commemorative passes will go on sale tomorrow at...
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Jan 16, 2013
01/13
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economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use -- those issues of course are not the specific purdy of the fed, and so why do we shift gears and talk more specifically about some things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that the fed of course is keeping interest rates at close to zero since roughly 2008, and it dug pretty deep into its arsenal, more recently in terms of in particular the very massive asset purchases recently launched its third round, which are intended to bring long-term inter
economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use...
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Jan 14, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>> what's your emergency? >> there's a fire, a big fire. >> i had to ask twice to make sure i had the right address. >> the flames are about 100 feet in the air. >> i realized it was my house. >> for veteran 911 operator mike bose, this is not a typical day at the office. bose along with his parents have lived in quincy, massachusetts, for years. >> it's a nice neighborhood right across from a school. never any trouble on the street. we'd have everybody over during the holidays, christmas, thanksgiving. kids would always stop by. kids were there. it was great. >> bose always enjoys his job with
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. >>>...
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Jan 14, 2013
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 18, 2013
01/13
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president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while analysts were determined to tell you the housing is about to go tepid. numbers don't fit into the scenario, not a negative one and that's the story of the market right now the bullish facts are getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one -- sell, sell, sell! this feels like a moment like the mid-1980s where the bulls are in control, ala boeing
president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing...
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Jan 20, 2013
01/13
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a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then, of course, probably the most important that he will take about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." senior adviser to obama in 2012, the re-election campaign, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard, it's great to see you in person this morning. >> thank you. >> "new york times" best-selling author of lincoln biography "team of rivals" doris kearns goodwin in between awards shows has joined us. and nbc news special correspondent tom brokaw. welcome to all of you. tom, that's where we tee it up. the president, as he begins a second term, very difficult climate in washington and very real expectations. >> yes. and i was looking at those top three priorities for the american people. and they all fit into his single most difficult task, it seems to me, b
a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then, of course, probably the most important that he will take about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." senior adviser to obama in 2012, the re-election campaign, david axelrod. chief foreign correspondent richard engel is...
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Jan 16, 2013
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. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will be funded over and. >> okay, let me ask about tax reform. mutual political last week that a balanced approach to placing the sequester with benefits and revenues should accelerate tax reform, and i believe it's fully possible this year we work on a bipartisan basis. how does that square with the people that say that the tax reform is going to lose out because of scheduling and needing to deal with the debt ceiling and the looming sequester and house republicans concerned that if they do anything on tax reform, that they may leave themselves open to the senate not taking action. therefore, they have taken in on popular vote for no reason. >> first of all we have to solve this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. and. we are not going to accomplish tax reform in the next six weeks. so we have a deadline that cannot basically be moved for what we nee
. >> they are going with the american economy and the global economy. closer you get to the fiscal cliff, i think the less likely it is that the u.s. will be funded over and. >> okay, let me ask about tax reform. mutual political last week that a balanced approach to placing the sequester with benefits and revenues should accelerate tax reform, and i believe it's fully possible this year we work on a bipartisan basis. how does that square with the people that say that the tax reform...
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Jan 17, 2013
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the caps should go up when the economy is strong and be adjusted down when the economy is not. as i mentioned, we need to expand the number of green cards for foreign nationals who graduate from our colleges and universities with advanced degrees. even with high unemployment we have millions of job openings that go unfilled. either the workers come here to fill those jobs, or let me tell you, ladies and gentlemen, those jobs go somewhere else. and when they do, other jobs go with them. we also need a workable, reliable national employee verification program. now, the e-verify program has been dramatically improved. we are ready to move forward with it nationally provided there is strong preemption language for state and local laws, no obligation to reverify the whole team -- i know companies with 35, 50,000 employees. we certainly don't have to do that. and we need safe harbor for good faith efforts by employers. finally, we need to provide a path out of the shadows for 11 million undocumented immigrants who live in the united states today. with the understanding they will meet
the caps should go up when the economy is strong and be adjusted down when the economy is not. as i mentioned, we need to expand the number of green cards for foreign nationals who graduate from our colleges and universities with advanced degrees. even with high unemployment we have millions of job openings that go unfilled. either the workers come here to fill those jobs, or let me tell you, ladies and gentlemen, those jobs go somewhere else. and when they do, other jobs go with them. we also...
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Jan 17, 2013
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would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won't it save? let's turn to the author of the bill, jan schakowsky of illinois. >> i'm so happy that wendy is doing well. >> thank you. we appreciated your phone calls very much. congresswoman, the math? >> the estimate is it's $104 billion over 10 years. it saves the government money. in terms of the subsidies, in the exchanges, it would be on
would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military...
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Jan 18, 2013
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will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley. >>> gold prices settled around $1690. meaning this 177 ounce gold nugget reportedly discovered with a medal detecter in australia is worth just under $300,000. pretty good find. >>> toyota has settled the first in a string of wrongful and injury deaths overunintended acceleration. the family of a utah couple killed when a toyota slammed into the wall will collect an undisclosed sum from the automaker. >>> oprah winfrey's interview with lance armstrong has brought a pretty penny for her cable network. ad slots sold at a premium was expeced to sell out. oprah bolstered the ratings by 32% la
will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley....
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Jan 18, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are equally tough to forget. let's take a quick look back. >> we cannot sustain -- oops. was that my -- that's all right. all of you know who i am. the guy forgot his keys. jimmied his way to get into the house. there was a report called into the police station that there might be a burglary taking place. so far so good, right? i mean, if i was trying to jigger -- well, i guess this is my house now so it probably wouldn't happen, but let's say my old house in chicago, here i'd get shot. bipartisan outreach will be so successful that even john boehner will consider becoming a democrat. after all, we have a lot in com
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are...
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Jan 19, 2013
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operation hundreds of algerians, along with several does foreigners, this is critical to algeria's economy. so the terrorists again, against the background of a 20-year long struggle against islamists by the algerian government. there's a lot going on here that shows, i think, the strength, the base of support al-qaeda and other terrorists are going to have. >> greta: and it's no secret this was a foreign target with bp, british. and the terrorists knew exactly what they were doing. >> exactly. >> greta: ambassador, nice to see you, sir. >> thank you. >> greta: the sicyanide poisoning of a lotteries winner and his body was exhumed. and ♪ [ male announcer ] don't just reject convention. drown it out. introducing e all-new 2013 lexus ls f sport. an entirely new pursuit. introducing e all-new 2013 lexus ls f sport. officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one
operation hundreds of algerians, along with several does foreigners, this is critical to algeria's economy. so the terrorists again, against the background of a 20-year long struggle against islamists by the algerian government. there's a lot going on here that shows, i think, the strength, the base of support al-qaeda and other terrorists are going to have. >> greta: and it's no secret this was a foreign target with bp, british. and the terrorists knew exactly what they were doing....
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Jan 18, 2013
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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Jan 13, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. ♪ whathat needs refreshing?nd new year, and a room we can work with a new collection of carpet that proves durable can be softer than ever. we can get for less and spread that softness even further. turns out, we can do even more than we thought we could. because this is the year of doing. more saving. more doing. that's the power of the home depot. roll out the new year with free whole home basic carpet installation on three rooms or more. >>> it's one thi
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up...
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Jan 20, 2013
01/13
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WMAR
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we knew that we must find practical controls over blind economic forces and blindly selfish men. >> we have been warned by the power of modern methods that peace may be the only climate possible for human life itself. >> 2. dr in 1937, ike in 1957. we're told that president obama setting both those inaugural addresses as he prepares for his own. let's talk about that on our roundtable and bring you in, george will. one of the reasons he might be reaching back into history is that if you look at recent second inaugurals, not all that memorable and recent second terms not great records. >> i would guess he would reach back
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> we knew that we must find...
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Jan 15, 2013
01/13
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economy. if i were a cubin i sure would like that to continue, and i would do everything i could to to get that to continue i think it is waning and it hit a high water mark and it is reseeding and i think that serves certainly the purposes of the united states and i think that's fine. i don't blame the countries that are receiving subsidized oil shipments. i would love for somebody to subsidize, you know, the things that i need to buy. that's in their own self-interest and the need to be thinking about what's going to happen because let's go back. if you take some of the data talked about on the economy, and you are the next, you are the government of venezuela, the easiest place to cut back is where you are getting away. if i am the recipient of that oil, i would be worried right now. that's just in the self-interest of the government of venezuela if you have a deficit, you know, stop giving away, stop subsidizing sales to people. that would be the logical thing to do. and if you had a gover
economy. if i were a cubin i sure would like that to continue, and i would do everything i could to to get that to continue i think it is waning and it hit a high water mark and it is reseeding and i think that serves certainly the purposes of the united states and i think that's fine. i don't blame the countries that are receiving subsidized oil shipments. i would love for somebody to subsidize, you know, the things that i need to buy. that's in their own self-interest and the need to be...
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Jan 20, 2013
01/13
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> oh, yeah, i love it! >> there is a predator-prey relationship among the 2,800 inmates serving time at florida's santa rosa correctional institution. predators often extort weaker inmates, a practice very familiar to jesse kozlowski and his cell mate, tafari coke. >> as soon as they come in, whenever they get their money receipt, they let us know how much money they got and we'll make a list either for half of what they got or depending what type of person they is, we'll just take everything. >> since cash is banned in prison, the payout typically comes as commissary goods which inmates purchase from debit accounts funded by friend and family. >> this is my fifth cup of coffee today. i'm about to start sweating profusely. >> colin mccaffrey is the type of new inmate that could be the prime target for predatory extortionists. >> whenever they give you, they want something back, want you to do favors for them, so tha
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> oh, yeah, i love it! >> there is a predator-prey relationship among the 2,800 inmates serving time at florida's santa rosa correctional institution. predators often extort weaker inmates, a practice very familiar to jesse kozlowski and his cell mate, tafari coke. >> as soon as they come in, whenever they get...